Word: entrepreneurs
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Billionaire Daniel K. Ludwig, 82, views publicity as did Howard Hughes: less is more, none is bliss. Thus Johns Hopkins University was uncertain last week whether the legendary shipowner-entrepreneur would show up for an honorary degree. Lo and behold, he did. Photographers naturally focused on the new doctor of humane letters in his gold robe and white hood. "You've never had this many pictures taken in your life, have you?" joshed President Steven Muller. "Not willingly," grumbled the last tycoon. "But now I think I kinda like...
Despite its success in the Midwest and the Southwestern Oil Patch, Chiles' message does not seem to travel well. During a test of the radio spots in Manchester, N.H., residents said they were "irritated" by his Texas accent. Nonetheless, the tough, salty entrepreneur is preparing to expand his broadcast broadsides. On the horizon: a TV campaign now being tried out in Tucson, Oklahoma City and Florence, S.C. Chiles has toned down his language a bit for the medium, but there is no mistaking the wail of Mad Eddie...
...have to be careful to make sure this healing is not just available to the middle class. When I set up the healing center, one day a week will be a free clinic for those who can't afford to pay. I'm just a struggling New Age entrepreneur myself...
...capital and heavily dependent on borrowed funds to meet payrolls and to keep shelves stocked. Orders from recession-wary customers are tapering off, but interest rates are not coming down as fast as sales. And the cost of carrying these ever growing inventories is soaring. James Edelen, an entrepreneur who started his own welding supply company in 1976, now wonders why he ever opened shop. Says he: "In this business you've got to sell in order to buy supplies. If I had known how hard that was four years ago, I probably would have been better off working...
Along the way, Daly legends sprouted. While rebuilding a newly bought but burned-out plane in London in 1956, the tightfisted entrepreneur saved cash by sleeping for more than a month in the same limousine that he used to visit bankers. In the last days of the Viet Nam War, Daly organized, paid for and flew on a World mercy flight into Danang hours before the North Vietnamese captured the city. The self-styled "old bastard" pistol-whipped and kicked mutinous South Vietnamese troops who tried to board the refugee flight...